
Neiman Marcus Group Ltd LLC, founded in 1907 and headquartered in Dallas, Texas, is a luxury retailer known for its upscale department stores and digital offerings. The company specializes in high-end fashion, beauty products, and home goods, catering to affluent customers through both physical and online platforms.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
NMG 7.13% 2026-04-01 USDNeiman Marcus Group Ltd LLC | United States | 2026-04-01 | 7.125 | 6.01 |
NMG 7.13% 2026-04-01 USDNeiman Marcus Group Ltd LLC | United States | 2026-04-01 | 7.125 | 6.01 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Neiman Marcus has a notable history of bond issuance, having first entered the bond market in 2015 to support its operational expenses and growth strategies. In 2020, they issued $600 million in senior secured notes, which were used to enhance liquidity during the pandemic. Current yields on their bonds are competitive within the luxury retail sector, reflecting the company's stabilized performance post-COVID. Recent market movements and ratings changes have highlighted the importance of their bond offerings, especially as they navigate evolving retail landscapes and consumer preferences.